Progressive Neighbors – Supporting Progressive Local Candidates Since 2006
FOR THE PUBLIC'S CONSIDERATION:
The H.O.M.E. Act (Bill 16-23) caps rent increases at 3% or the Voluntary Rent Guidelines, whichever is lower. The Voluntary Rent Guidelines are based on a local inflation measure and averaged 2.25% over the last 10 years.
Anti-Rent Gouging (Bill 15-23) caps rent increases at 8% + CPI . This would currently come out to a cap of 15.5%.
Progressive Neighbors – Supporting Progressive Local Candidates Since 2006